I have 16 percent of my shares left
I held millions of shares for the past years and never had an opportunity to unload them until now. I may keep the remaining just in case it turns out pigs can really fly and Elon Musk has just gotta have EIPC!!!!!! The thing is UNLESS DW releases a PR of some kind NEVER believe those who would hype a sub-penny stock.
I’ll tell you a little story
Some years ago I owned stock in IBSG International, Inc. (IBIN). The company sold business software and from all accounts it was a growing, profitable company. Then the stock tanked and it turned out the CEO was a complete fraud and the SEC filings showing $9m cash was a complete fabrication. The company very quickly went belly-up, the stock tanked and was essentially worthless (as low as $0.0001). A few years later after sitting in the basement there were a few large transactions of the stock followed by a flurry of activity. It turns out some dubious stock picker had showcased the stock to his subscribers and they were rushing to buy. The stock climbed as high as $0.08 and I sold my shares. I tried to tell the folks on the Yahoo message board the history of the company but no one would listen. They pointed to the dated Yahoo Finance profile as proof of the company’s viability. They had swallowed the tale hook, line and sinker and would not be deterred. Two weeks later the stock was once again completely worthless. The funny thing is you can still get a price quote on IBIN ($0.0002) and I guess buy the thing if you so desire. It has a float of just 12.5m so wow what a deal, huh?
